SolarMax Technology (SMXT) Accumulated Expenses (2023 - 2026)

SolarMax Technology's (SMXT) quarterly Accumulated Expenses came in at $18.0 million in Q1 2026, up 43.96% year-on-year from $12.5 million in Q1 2025, and up 25.86% on a QoQ basis from $14.3 million in Q4 2025.

SolarMax Technology (SMXT) Accumulated Expenses (2023 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 4 years of Accumulated Expenses data on file, last reported at $18.0 million in Q1 2026.

  • On a quarterly basis, Accumulated Expenses rose 43.96% year-over-year to $18.0 million in Q1 2026; TTM through Mar 2026 was $18.0 million, a 43.96% increase from a year earlier, with the FY2025 full-year figure at $14.3 million, up 14.49% from the prior year.
  • Accumulated Expenses for Q1 2026 stood at $18.0 million, up from $14.3 million in the prior quarter.
  • Over the last five years, Accumulated Expenses for SMXT reached as high as $18.0 million in Q1 2026 and fell as low as $250492.0 in Q3 2024.
  • Historically, Accumulated Expenses has averaged $12.6 million across 4 years, with a median of $13.3 million in 2025.
  • Across the five-year window, Accumulated Expenses declined 24.31% in 2024 and jumped 5202.18% in 2025, its largest moves.
  • Year by year, Accumulated Expenses stood at $16.5 million in 2023, then retreated by 24.31% to $12.5 million in 2024, then grew by 14.49% to $14.3 million in 2025, then grew by 25.86% to $18.0 million in 2026.
  • Per Business Quant data, the three most recent Accumulated Expenses figures were $18.0 million in Q1 2026, $14.3 million in Q4 2025, and $13.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 SolarMax Technology 18.57 Mn 13.99 Mn 3.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 17.98 Mn
Dec 31, 2025 14.28 Mn
Sep 30, 2025 13.28 Mn
Jun 30, 2025 13.35 Mn
Mar 31, 2025 12.49 Mn
Dec 31, 2024 12.47 Mn
Sep 30, 2024 250,492.00
Dec 31, 2023 16.48 Mn